Trav­elex, Master­Card Launch Multi-Cur­rency Cash Pass­port

Business Traveler (USA) - - IN-FLIGHT ENTERTAINMENT -

Trav­elex and Master­Card have part­nered to launch the Multi-Cur­rency Cash Pass­port pre­paid Master­Card. The new US card can carry up to five for­eign cur­ren­cies at the same time, in­clud­ing Bri­tish Pounds, Eu­ros, Cana­dian Dol­lars, Aus­tralian Dol­lars and Ja­panese-Yen.

The pre-paid Master­Card is sold only through Trav­elex at trav­ and more than 200 Trav­elex stores in the US. The card has both the mag­netic strip and chip tech­nol­ogy, so it’s easy to use both in the US and over­seas where the chip tech­nol­ogy is preva­lent. It’s reload­able online and in Trav­elex stores.

Car­ri­ers can trans­fer funds from one cur­rency to another. For­eign ex­change rates will ap­ply along with a 5.5 per­cent for­eign ex­change fee. With­draw­ing cash from an ATM costs $2.50 out­side of the US and costs $3 within the US. Master­Card will charge $3 per month for an in­ac­tiv­ity fee if the card is not used.

For de­tails visit mul­ti­c­ur­ren­cy­cash­pass­

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